Source: news.google.com
New York, N.Y.–(Newsfile Corp. – December 1, 2022) – xHashtag recently announced the launch of Soul Names, a Web3 domain name for displaying all accumulated Web3 reputation credentials in one place. The new offering allows users to map a .SOUL domain name consisting of commonly used words, phrases, and terms to a crypto wallet address. For each .SOUL domain, xHashtag automatically generates a verifiable digital CV that aggregates all claimed Web3 credentials in the form of Soulbound Tokens (SBTs), and displays it on an easy-to-understand web page called the SoulPage. SoulPages can be accessed through any browser without any additional plugins via the .soul.page DNS gateway, so if a user has purchased the example.soul domain, the associated SoulPage can be accessed by navigating to example. soul. page.
.Soul names
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This new version is a significant step forward in SBT adoption and brings verifiable credibility and reputation online. .SOUL domain names are minted as NFTs on the Ethereum blockchain and can be purchased on xhashtag.io for a one-time fee starting at $10 and, unlike traditional domains, there is no annual renewal fee associated . Additionally, .SOUL domain names can also be traded on NFT marketplaces such as Opensea.
“We are very pleased to launch our new product, Soul Names. We are a strong believer in Web3 and are confident that identity and reputation will play an important role as we realize more blockchain use cases moving away from the current hyper-financialization There is certainly a need for users to showcase their accumulated reputation across various blockchain networks and services in one place, making .SOUL domains a central part of the Soulbound reputation journey.” said Monica Durga, founder of xHashtag.
xHashtag is a Web3 protocol that builds an ecosystem around Soulbound Tokens. On xHashtag, brands can issue SBTs called SoulTags to their community and turn loyal users into brand advocates through incentives in the form of SoulDrops, a form of targeted airdrop that takes SBTs into account.
Media Contact –
Company name: xHashtag
Contact Name: Sudeep Shenoy
Company address: Dubai International Financial Center – Dubai – United Arab Emirates
Website URL: xhashtag.io
Contact: contact@xhashtag.io
To view the original version of this news release, visit https://www.newsfilecorp.com/release/146318
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